Hemostemix (CVE:HEM) Reaches New 52-Week High – Still a Buy?

Shares of Hemostemix Inc. (CVE:HEMGet Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as C$0.10 and last traded at C$0.10, with a volume of 20000 shares traded. The stock had previously closed at C$0.10.

Hemostemix Stock Up 11.1 %

The company’s fifty day simple moving average is C$0.08 and its 200 day simple moving average is C$0.06. The stock has a market capitalization of C$8.71 million, a price-to-earnings ratio of -5.00 and a beta of 0.20.

About Hemostemix

(Get Free Report)

Hemostemix Inc, a clinical stage biotechnology company, develops, manufactures, and commercializes blood-derived stem cell therapies for medical conditions in Canada. Its lead product is ACP-01, an autologous cell therapy, which is in Phase II clinical trial for the treatment of vascular diseases, such as cardiovascular disease, peripheral arterial disease, angina pectoris, and ischemia.

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